secwatch.observer — SEC 8-K summary
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Issuer:     NEWMARKET CORP (NEU)
CIK:        0001282637
Form:       8-K
Filed at:   2025-02-03T23:59:59+00:00
Accession:  0001282637-25-000002
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NewMarket FY2024 net income $462M, EPS $48.22; petroleum additives op profit up 15% to $592M
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- Full year 2024 net income $462.4M ($48.22 EPS) vs $388.9M ($40.44 EPS) in 2023.
- Petroleum additives segment operating profit $591.9M, up 15% from $514.4M, driven by lower costs.
- Specialty materials (AMPAC) full year sales $141.2M, operating profit $17.5M, surpassing pre-acquisition expectations.
- Debt reduced $373M since AMPAC acquisition; Net Debt/EBITDA 1.2, below target range.
- Q4 net income $110.7M ($11.56 EPS) vs $80.4M ($8.38 EPS) a year ago.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1282637/000128263725000002/0001282637-25-000002-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1282637/000128263725000002/neu-20250203.htm
  HTML page:      https://secwatch.observer/filing/0001282637-25-000002

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer